Business
Transocean Ltd. Reports Fourth Quarter and Full Year 2024 Results
Three months ended Three months ended December 31, September 30, sequential December 31, year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$952 $948 $4 $741 $211 Adjusted contract drilling revenues$952 $948 $4 $748 $204 Revenue efficiency (1) 93.5% 94.5% 97.0% Operating and maintenance expense$579 $563 $(16) $569 $(10)Net income (loss) attributable to controlling interest$7 $(494) $501 $(104) $111 Basic earnings

About this update from Transocean Ltd (switzerland)
[{"type":"text","content":" ","length":0,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"7","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Three months ended ","length":18,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Three months ended ","length":18,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" December 31, ","length":12,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" September 30, ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" sequential ","length":10,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" December 31, ","length":12,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" year-over-year ","length":14,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" change ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2023 ","length":4,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"3","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" change ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" (In millions, except per share amounts, percentages and backlog) ","length":64,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]}]},{"val":[{"style":"max-width:39%;width:39%;min-width:39%;vertical-align:bottom;","val":[{"type":"text","content":"Contract drilling revenues","length":26,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"952","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"948","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"4","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"741","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"211","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Adjusted contract drilling revenues","length":35,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"952","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"948","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"4","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"748","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"204","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Revenue efficiency (1) ","length":22,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"93.5","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"94.5","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"97.0","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Operating and maintenance expense","length":33,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"579","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"563","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(16","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"569","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(10","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Net income (loss) attributable to controlling interest","length":54,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"7","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(494","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"501","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(104","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"111","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Basic earnings (loss) per share","length":31,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.01","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.56","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.57","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.13","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.14","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Diluted loss per share","length":22,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.11","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.58","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.47","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.13","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.02","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Adjusted EBITDA","length":15,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"323","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"342","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(19","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"122","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"201","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Adjusted EBITDA margin","length":22,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"33.9","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"36.0","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"16.3","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Adjusted net income (loss)","length":26,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"27","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"64","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(37","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(74","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"101","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Adjusted diluted earnings (loss) per share","length":42,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.09","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.09","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.09","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Backlog as of the February 2025 Fleet Status Report","length":51,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"8.3 billion","length":11,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]}]}],"length":978},{"type":"text","content":"STEINHAUSEN, Switzerland, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported net income attributable to controlling interest of $7 million, or loss of $0.11 per diluted share, for the three months ended December 31, 2024.","length":247,"tagName":"p"},{"type":"text","content":"Fourth quarter results included $20 million, $0.02 per diluted share, discrete tax items, net. After consideration of these unfavorable items, fourth quarter 2024 adjusted net income was $27 million, or loss of $0.09 per diluted share.","length":235,"tagName":"p"},{"type":"text","content":"Contract drilling revenues for the three months ended December 31, 2024, increased sequentially by $4 million to $952 million, primarily due to increased utilization for one rig that returned to work after undergoing a special periodic survey in the third quarter and higher reimbursement revenues, partially offset by lower revenue efficiency across the fleet.","length":361,"tagName":"p"},{"type":"text","content":"Operating and maintenance expense was $579 million, compared with $563 million in the prior quarter. The sequential increase was the result of higher in-service maintenance costs across our fleet, partially offset by a settlement with insurance carriers.","length":254,"tagName":"p"},{"type":"text","content":"General and administrative expense was $56 million, up from $47 million in the third quarter due primarily to increased legal and professional fees.","length":148,"tagName":"p"},{"type":"text","content":"Interest expense net of capitalized amounts was $152 million, compared to $154 million in the prior quarter, excluding the favorable adjustment of $61 million and $74 million in the fourth and third quarter, respectively, for the fair value of the bifurcated exchange feature related to the 4.625% exchangeable bonds. Interest income was $10 million, compared to $11 million in the prior quarter.","length":396,"tagName":"p"},{"type":"readMore"},{"type":"text","content":"The Effective Tax Rate ( 2 ) was 89.0%, up from 6.0% in the prior quarter. The increase was primarily due to higher income and increases in valuation allowance. The Effective Tax Rate excluding discrete items was 56.7% compared to 22.5% in the previous quarter.","length":258,"tagName":"p"},{"type":"text","content":"Cash provided by operating activities was $206 million during the fourth quarter of 2024, representing an increase of $12 million compared to the prior quarter. The sequential increase was primarily due to timing of interest payments and decreased payments for accounts payable, partially offset by reduced collections from customers.","length":334,"tagName":"p"},{"type":"text","content":"Fourth quarter 2024 capital expenditures of $29 million, compared to $58 million in the prior quarter, were related to capital upgrades for certain rigs in our fleet.","length":166,"tagName":"p"},{"type":"text","content":"“In 2024, we continued to advance our position as the technological leader in offshore drilling by, among other things, executing the first two 20K subsea completions in the history of the industry,” said Chief Executive Officer Jeremy Thigpen. “We also introduced and implemented other technologies that enhance our operational performances and further differentiate our fleet. This commitment to innovation, along with our reputation for delivering safe, reliable, and efficient operations, is clearly recognized by our customers, as demonstrated by the $2.4 billion in backlog we secured during the year.”","length":608,"tagName":"p"},{"type":"text","content":"Thigpen continued, “With industry-leading contract coverage well into 2026, our primary objective will be strong operational execution and an intense focus on cost control to ensure we maximize the conversion of our backlog to cash, enabling us to continue de-leveraging our balance sheet.”","length":290,"tagName":"p"},{"type":"text","content":" Full Year 2024 ","length":14,"tagName":"p"},{"type":"text","content":"For the year ended December 31, 2024, net loss attributable to controlling interest totaled $512 million, $0.76 per diluted share. Full year results included $458 million, $0.50 per diluted share, net unfavorable items as follows:","length":230,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"$755 million, $0.82 per diluted share, loss on impairment of assets; and","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"$5 million, $0.01 per diluted share, loss on impairment of our investments in unconsolidated affiliates; partially offset by,","length":125,"tagName":"p"}]},{"val":[{"type":"text","content":"$161 million, $0.18 per diluted share, gain on retirement of debt; and","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"$141 million, $0.15 per diluted share, related to discrete tax items, net.","length":74,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":341,"olType":false},{"type":"text","content":"After consideration of these net unfavorable items, adjusted net loss for 2024 was $54 million, $0.26 per diluted share.","length":120,"tagName":"p"},{"type":"text","content":" Non-GAAP Financial Measures ","length":27,"tagName":"p"},{"type":"text","content":"We present our operating results in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”). We believe certain financial measures, such as Adjusted Contract Drilling Revenues, EBITDA, Adjusted EBITDA and Adjusted Net Income, which are non-GAAP measures, provide users of our financial statements with supplemental information that may be useful in evaluating our operating performance. We believe that such non-GAAP measures, when read in conjunction with our operating results presented under U.S. GAAP, can be used to better assess our performance from period to period and relative to performance of other companies in our industry, without regard to financing methods, historical cost basis or capital structure. Such non-GAAP measures should be considered as a supplement to, and not as a substitute for, financial measures prepared in accordance with U.S. GAAP.","length":895,"tagName":"p"},{"type":"text","content":"All non-GAAP measure reconciliations to the most comparative U.S. GAAP measures are displayed in quantitative schedules on the company’s website at: www.deepwater.com.","length":167,"tagName":"p"},{"type":"text","content":" About Transocean ","length":16,"tagName":"p"},{"type":"text","content":"Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and operates the highest specification floating offshore drilling fleet in the world.","length":376,"tagName":"p"},{"type":"text","content":"Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, consisting of 26 ultra-deepwater floaters and eight harsh environment floaters.","length":192,"tagName":"p"},{"type":"text","content":"For more information about Transocean, please visit: www.deepwater.com.","length":71,"tagName":"p"},{"type":"text","content":" Conference Call Information ","length":27,"tagName":"p"},{"type":"text","content":"Transocean will conduct a teleconference starting at 9 a.m. EST, 3 p.m. CET, on Tuesday, February 18, 2025, to discuss the results. To participate, dial +1 785-424-1116 and refer to conference code 540196 approximately 15 minutes prior to the scheduled start time.","length":264,"tagName":"p"},{"type":"text","content":"The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. Supplemental materials that may be referenced during the teleconference will be available at: www.deepwater.com, by selecting Investors, Financial Reports.","length":281,"tagName":"p"},{"type":"text","content":"A replay of the conference call will be available after 12 p.m. EST, 6 p.m. CET, on Tuesday, February 18, 2025. The replay, which will be archived for approximately 30 days, can be accessed at +1 402-220-1152, passcode 540196. The replay will also be available on the company’s website.","length":286,"tagName":"p"},{"type":"text","content":" Forward-Looking Statements ","length":26,"tagName":"p"},{"type":"text","content":"The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements could contain words such as "possible," "intend," "will," "if," "expect," or other similar expressions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, timing of the company’s newbuild deliveries, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the fluctuation of current and future prices of oil and gas, the global and regional supply and demand for oil and gas, the intention to scrap certain drilling rigs, the success of our business following prior acquisitions, the effects of the spread of and mitigation efforts by governments, businesses and individuals related to contagious illnesses, and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-K for the year ended December 31, 2023, and in the company's other filings with the SEC, which are available free of charge on the SEC's website at: www.sec.gov. Should one or more of these risks or uncertainties materialize (or the other consequences of such a development worsen), or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking statements attributable to the company or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.","length":2708,"tagName":"p"},{"type":"text","content":"This press release, or referenced documents, do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and do not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”) or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.","length":538,"tagName":"p"},{"type":"text","content":" Notes ","length":5,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"max-width:3%;width:3%;min-width:3%;vertical-align:top;","val":[{"type":"text","content":"(1)","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:97%;width:97%;min-width:97%;vertical-align:top;","val":[{"type":"text","content":"Revenue efficiency is defined as actual operating revenues, excluding revenues for contract terminations and reimbursements, for the measurement period divided by the maximum revenue calculated for the measurement period, expressed as a percentage. Maximum revenue is defined as the greatest amount of contract drilling revenues the drilling unit could earn for the measurement period, excluding revenues for incentive provisions, reimbursements and contract terminations. See the accompanying schedule entitled “Revenue Efficiency.”","length":533,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:top;","val":[{"type":"text","content":"(2)","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:top;","val":[{"type":"text","content":"Effective Tax Rate is defined as income tax expense or benefit divided by income or loss before income taxes. See the accompanying schedule entitled “Supplemental Effective Tax Rate Analysis.”","length":192,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:top;","val":[]},{"style":"vertical-align:top;","val":[]}]}],"length":731},{"type":"text","content":" Analyst Contact: Alison Johnson +1 713-232-7214","length":47,"tagName":"p"},{"type":"text","content":" Media Contact: Pam Easton +1 713-232-7647","length":41,"tagName":"p"},{"type":"text","content":" ","length":0,"tagName":"p"},{"type":"text","content":" ","length":0,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"12","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" TRANSOCEAN LTD. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) (Unaudited) ","length":129,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"11","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Years ended December 31, ","length":24,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2023 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2022 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"max-width:59%;width:59%;min-width:59%;vertical-align:bottom;","val":[{"type":"text","content":" Contract drilling revenues ","length":26,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"3,524","length":5,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,832","length":5,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,575","length":5,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Costs and expenses ","length":18,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Operating and maintenance","length":25,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,199","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,986","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,679","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Depreciation and amortization","length":29,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"739","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"744","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"735","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"General and administrative","length":26,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"214","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"187","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"182","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"border-bottom:solid black 1pt;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"3,152","length":5,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,917","length":5,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,596","length":5,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Loss on impairment of assets","length":28,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(772","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(57","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"Loss on disposal of assets, net","length":31,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(17","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(183","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(10","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" Operating loss ","length":14,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(417","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(325","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(31","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Other income (expense), net ","length":27,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Interest income","length":15,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"50","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"52","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"27","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Interest expense, net of amounts capitalized","length":44,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(362","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(646","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(561","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Gain (loss) on retirement of debt","length":33,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"161","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(31","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"8","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"Other, net","length":10,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"45","length":2,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"9","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(5","length":2,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"border-bottom:solid black 1pt;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(106","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(616","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(531","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Loss before income tax expense (benefit) ","length":40,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(523","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(941","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(562","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"Income tax expense (benefit)","length":28,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(11","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"13","length":2,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"59","length":2,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Net loss ","length":8,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(512","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(954","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(621","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"border-bottom:solid black 1pt;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Net income attributable to noncontrolling interest","length":50,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"border-bottom:solid black 1pt;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" Net loss attributable to controlling interest ","length":45,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(512","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(954","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(621","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" Loss per share ","length":14,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Basic","length":5,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.60","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(1.24","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.89","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Diluted","length":7,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.76","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(1.24","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.89","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":")","length":1,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" Weighted-average shares outstanding ","length":35,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Basic","length":5,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"850","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"768","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"699","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Diluted","length":7,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"925","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"768","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"699","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]}],"length":1253},{"type":"text","content":" ","length":0,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"8","style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" TRANSOCEAN LTD. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In millions, except share data) (Unaudited) ","length":115,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"7","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" December 31, ","length":12,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[]},{"colspan":"2","style":"border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 2023 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" Assets ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[]},{"colspan":"2","style":"text-align:right;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"max-width:73%;width:73%;min-width:73%;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Cash and cash equivalents","length":25,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"560","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[]},{"style":"max-width:1%;width:1%;min-width:1%;vertical-align:bottom;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"style":"max-width:11%;width:11%;min-width:11%;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"762","length":3,"tagName":"p","attribs":{}}]},{"style":"max-width:1%;width:1%;min-width:1%;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Accounts receivable, net","length":24,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"564","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"512","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Materials and supplies, net","length":27,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"439","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"426","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Assets held for sale","length":20,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"343","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"49","length":2,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":"Restricted cash and cash equivalents","length":36,"tagName":"p","attribs":{}}]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"381","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"vertical-align:bottom;","val":[]},{"style":"padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"233","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"border-bottom:solid black 1pt;text-align:justify;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Other current assets","length":20,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"165","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"144","length":3,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:25.0px;border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"Total current assets","length":20,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;padding-right:0;text-align:right;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,452","length":5,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;padding-left:0;text-align:left;vertical-align:middle;vertical-align:bottom;","val":[]},{"style":"border-bottom:solid black 1pt;vertical...
View stock analysis, news, and events for Transocean Ltd (switzerland)